Govt need GST to settle foreign debts now 740bln...can u all get sleep or worried of country's debts.

If PFI cannot pay Epf what happens?????

Today raised in Parliament on d country's debt 1MD 41bln + PFI took loan facility from Epf n thier total liablity is 47.4bln.Since our money is deprciating n our borrowings is on USD so our money become cheaper n this r some of d reasons for d escalation of 740bln.Any expert please comment!

Malaysia’s external debt triples to RM740 billion
Wed, 11 Mar 2015 09:51:54 +0000
.......@Ring in this situation can they fund d 3500km fibre optic cable from here to S'wak?

Current movement is speculative to sign MOU may take 3 mths, few may tender n hv to go through tender exercise.

The general public audit cos' told me once in d coffee house Felda have billions of cash but is being robbed by top excecutives.The MB of NS already having corruption problem n honestly speaking why d BN gave him d Chairman post now his son is being hauled up.1MD another issue looks like no end for corruption, those crooks please try to understand all this r affecting Klci n foreign funds may not come.To counter this money laundering,Govt implementiing GST as they need cash.Why our Govt so cruel???

The general public audit cos' told me once in d coffee house Felda have billions of cash but is being robbed by top excecutives.The MB of NS already having corruption problem n honestly speaking why d BN gave him d Chairman post now his son is being hauled up.1MD another issue looks like no end for corruption, those crooks please try to understand all this r affecting Klci n foreign funds may not come.To counter this money laundering,Govt implementiing GST as they need cash.Why our Govt so cruel???

The general public audit cos' told me once in coffee house Felda have billions of cash but is being robbed by top excecutives.The MB of NS already having corruption problem by honestlt speaking why d BN gave him d Chairman now his son is being hauled up.1MD another issue looks like no end to corruption, those crooks please try to understand all this r affection Klci n foreign funds may not come.To counter this money laundering,Govt implementiing GST as they need cash.Why r Govt so cruel???

soon they r going to give dood dividend but issuance of warrants will dilute d share price n tgt pricev 17 so what happens??????

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/E4DD76FA08CC019448257A540035070E?OpenDocument @ expiry of W 6/8/15..pls tell me of d risk b4 i buy...tks

Finally i got the answer " Malaysia Boleh"

Why top excecutives robbing poor settlers money? What is wrong with this rascals???

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1897913

Why our country full of corruption inspite everywhere place of worship n all of us r praying..cannot unferstand humanbeing.

Felda is poor settlers money also being robbed best implment "Hudut" n chop their hands.To me anybody rob poor ppl money is equivalent to eating shit!

Former premier M said in one of d forum "Jangan terima rasuah itu lah satu perkara
dosa yang makan duit haram, macam makan babi apa apa benada yang beli jadi haram kalau beli barang makan macam makan babi"

Depends who is d successful bidder!!!

http://www.freemalaysiatoday.com/category/nation/2015/03/06/macc-zooms-in-on-more-felda-investment-top-guns/

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1895177

CIMB, SKPetro Main Drags On KLCI

11 mins ago
KUALA LUMPUR: Losses by CIMB and SapuraKencana Petroleum were the main drags on the FBM KLCI on Thursday as market sentiment took a hit from the weak key regional bourses while the ringgit continued to lose ground against the US dollar.

CIMB, SKPetro Main Drags On KLCI

11 mins ago
KUALA LUMPUR: Losses by CIMB and SapuraKencana Petroleum were the main drags on the FBM KLCI on Thursday as market sentiment took a hit from the weak key regional bourses while the ringgit continued to lose ground against the US dollar.

CIMB, SKPetro Main Drags On KLCI

11 mins ago
KUALA LUMPUR: Losses by CIMB and SapuraKencana Petroleum were the main drags on the FBM KLCI on Thursday as market sentiment took a hit from the weak key regional bourses while the ringgit continued to lose ground against the US dollar.

http://www.freemalaysiatoday.com/category/nation/2015/03/05/top-felda-officer-detained-over-property-investments/

KUALA LUMPUR: The FBM KLCI skidded more than 15 points in early Thursday trade after Wall Street continued to pull back from record highs, with Petronas Dagangan, SapuraKencana Petroleum, Tenaga Nasional and Public bank among the top losers.

KUALA LUMPUR: The FBM KLCI skidded more than 15 points in early Thursday trade after Wall Street continued to pull back from record highs, with Petronas Dagangan, SapuraKencana Petroleum, Tenaga Nasional and Public bank among the top losers.

Today Klci very badly down -15points "profit taking day" Dow also down -165points.

http://www.thestar.com.my/News/Nation/2015/03/05/Liow-23-million-more-Chinese-officials-can-enter-Malaysia-visafree/

Today both Klci & Dow down all profit taking!

Iris Corp Bhd has won a RM155.09 million concession to manage Goods and Services Tax (GST) refunds for travellers to Malaysia under the Tourist Refund Scheme (TRS).

Iris, a provider of smart-card security solutions, beat four other companies that had submitted tenders for the concession.

Its MD Datuk Tan Say Jim said Iris will build the infrastructure for the system that refunds GST to tourists, including setting up counters and manning them.

“We have been awarded the contract for three years, with the option to extend it for two more years based on our performance. The group will be paid an administrative fee of 15% of the total refunds,” Tan said at the company’s AGM yesterday.

Tan said Iris will jointly manage the concession with partner Global Blue SA, a retail systems company based in Switzerland, under a joint-venture (JV) company Global Blue TRS Malaysia Sdn Bhd, in which Iris will hold 51% equity.

Tan said the implementation of the TRS complements Iris’ core business of providing security solutions and will contribute to the company’s growth.

Tourism Malaysia has reportedly set a Visit Malaysia Year 2014 target of 28 million tourists, who are expected to spend a total of RM76 billion in the country.

In 2013, Malaysia registered 25.7 million tourists with tourist receipts of RM65.44 billion. Tan said despite making losses for the first-quarter of its financial year ending 2015 (1QFY15), Iris sees better performance for the second-half (2H) of FY15.

Becoz of GST property mkt may slow down but houses along d MRT/LRT n due to lack of land so to me property mkt wont be affected,Palm oil price going up.Crude staying above 60 which is good for global equity n there was major sell down in Oct n this may not be repeated.GST stocks r sure of profit.Myeg from 60cts flew high n still flying.Iris too many contracts but sharks may use TRS to goreng due to speculation.1MD is a big issue now hope not involved in NPL otherwise Moody may downdrade our Banks....bla bla bla bla.

Dont bother lah, sharks r pushing price down to collect from panic sellers.

http://www.freemalaysiatoday.com/category/world/2015/03/04/msia-still-top-choice-for-muslim-travellers-report/

KUCHING: The Sarawak Tourism Board (STB) is looking to attract new tourist markets from countries such as South Korea as well as expand its horizons in terms of the different kind of tourism available, such as golf tourism.

This was reiterated during the group’s media familiarisation trip jointly organised with Omni Tours and Travel Sdn Bhd, whereby top Korean executives and editors of Korea’s golf magazine came to Kuching for a three-day visit.

The main objective of the trip is to increase the awareness of Kuching as well as Sarawak as a tourist attraction to Koreans.

http://www.thestar.com.my/Business/Business-News/2015/03/03/Oil-and-gas-stocks-hit-by-impairments-and-narrow-margins/?style=biz @Ring O&G stks margin down investors may rush to other stks like Iris!

Sharks game!

KUALA LUMPUR: The volatility in the share price of Felda Global Ventures Holdings Bhd (FGV) is a reflection of crude palm oil (CPO)prices and not purely based on the firm's financial standing.

Group president and chief executive officer Datuk Mohd Emir Mavani Abdullah said as FGV is solely a plantation company, its share price moved relatively closely to that of CPO.....from Starmobile @Ring if share price volatility due to CPO price then why UP & KLK share price is above 20.....please dont take ppl for a ride yr yield only 20mt compared to yr counterparts 23-25...this kind of writeup make me laugh!!!!!

MYEG 3.58 BUY MACQUARIE GROUP
.......GSt target from 2.70 to 3.58 soon possible higher tgt for Iris.

March an exciting month for domestic equity market
Posted on March 3, 2015, Tuesday

KUCHING: The equity market is entering an exciting month this March, says MIDF Amanah Investment Bank Bhd (MIDF Research), as March has been historically a positive month for the market.

The research firm explained that after the festivities-interupted February, trading volume tends to pick up in March and price movements are likely to be more meaningful.

Nonetheless, MIDF Research opined that looking at the latest development on Wall Street, investors can look forward to another decent month for equity this month.

The research firm believes that the latest development coming out from Wall Street could mean better days ahead for the ringgit.

It noted the US Federal Reserve has been signalling to the stock markets that the US economy is experiencing disinflation and interest rate is unlikely to be raised soon.

On another note, MIDF Research said earnings for public-listed companies in the fourth quarter of 2014 (4Q14) was relatively decent given the fluctuation in crude oil price movement.

Nevertheless, it said despite the weaker than expected corporate earnings announcement recently, the FBM KLCI aggregated adjusted earnings declined by mere two per cent year-on-year (y-o-y) and actually jumped by nearly 10 per cent quarter-on-quarter (q-o-q) in 4Q14.

Obvioulsy wont be delayed.Our finance situation not right GST have take off otherwise Moody may downgrade our finance sector.World watching on our GSt to give positive statements.

Asian Markets Mostly Higher On Greek Debt Deal

2 hours ago
TOKYO: Asian stocks were mostly higher on Monday morning as investors cheered a last-minute deal to extend Greece’s bailout by four months, giving Athens a lifeline to pay its bills and avoid a damaging default.

Asian Markets Mostly Higher On Greek Debt Deal

2 hours ago
TOKYO: Asian stocks were mostly higher on Monday morning as investors cheered a last-minute deal to extend Greece’s bailout by four months, giving Athens a lifeline to pay its bills and avoid a damaging default.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1890473

“With the existing tourist attractions, efforts for the creation of more value-added icons will continue in turning Labuan into a premier tourist destination, thus generating revenue and an economic spillover for the people.

“The government is serious about making Labuan an attractive destination due to its resources and diversification of the economic sector,” he said.

Tengku Adnan said the improved tourism sector comprising domestic and foreign arrivals, recorded an increase of 47 per cent over the last five years, and required a serious focus to further develop
it.

He said the significant increase was last year with 1.04 million tourists visiting the island.

“Among the visitors, 85,000 were from 121 countries, including the UK, China and Australia.

“We want to see this positive development continue and government efforts and initiatives will be in place to maintain the momentum,” he added. — Bernama

www.freemalaysiatoday.com/category/nation/2015/03/01/dont-evade-1mdb-scandal-kit-siang-tells-najib/

Vinvin... some yrs back I read in d Times, Malaysians in general lack professionalism, gentlemen ess, one reason due to deterioration of education standard, another reason need cash for their lust n greedy.During my time to gain entry into U, must pass d HSC n a must pass in General Paper. The GP covers wide variety of subjects so a lot of reading is required. In d process they gain a lot knowledge n somewhat understand professionalism b4 U. If u r following d media, what is happening to 1MD!!!!!!!!!??????????

Vinvin........commission!

Brent rises above $61, set for first monthly gain since July

By Reuters / Reuters | February 27, 2015 : 6:38 PM MYT

LONDON/SINGAPORE (Feb 27): Crude oil futures rebounded on Friday and Brent headed for its first monthly gain since July, helped by strong investor inflows, an improving demand outlook and supply outages.

At 0955 GMT, Brent crude futures were up $1.50 at $61.54 a barrel, while U.S. crude was up $1.23 at $49.40 a barrel. Both contracts tumbled on Thursday, with U.S. crude falling hardest.

Brent is trading at a premium of about $12 to U.S. crude, which remains hamstrung by massive inventory builds. This is the widest spread since January 2014.

"The main event this week has been the widening of the spread between Brent and WTI (U.S. crude)," Ole Hansen, senior commodity strategist at Saxo Bank, said. "WTI is still only a few dollars above the lows, but Brent has lifted off."

Brent is up around 15 percent this month from January's close of $52.99, on course for its biggest monthly gain since May 2009. U.S. crude is also set for its first monthly rise in eight, but with a modest gain of about 1.9 percent.

Brent is being helped by factors including positive euro zone and Chinese data, plus supply disruptions in Libya, said Hans van Cleef, energy economist at ABN Amro.

China's implied oil demand is set to grow by 3 percent this year, the country's top energy group China National Petroleum Corp said, surpassing the International Energy Agency's forecast of 2.5 percent.

At the same time, disruptions to production and exports from Libya and Iraq in recent weeks have contributed to tightness in the physical market in the Mediterranean.

In the North Sea, Norway's Statoil has shut its Statfjord C platform after discovering cracks in the flare tower. The entire Statfjord field, which includes two other platforms, produced about 81,000 barrels of oil equivalent last year.

But analysts at JBC Energy warned that supply-side support could wane in coming weeks. "Many of the outages that we have witnessed of late appear bound to come back next month," they said in a note.

The latest Baker Hughes rig count number will emerge later on Friday, providing an update on how the U.S. shale industry is responding to lower oil prices.

The active drilling rig count in North Dakota, the country's No. 2 oil-producing state, dropped to 119 on Feb. 26, versus 193 last year, state data showed.

PERSONAL WEALTH
Off-Market Trades: Wintoni Group, Meda Inc, EcoFirst, Borneo Oil, Asia Bioenergy and Eti Tech Corp

Eti Tech Corp Bhd (fundamental: 0.15; valuation: 0.30) saw 24.17 million shares cross off market at 6.5 sen to 7 sen apiece or RM1.59 million in total. It is involved in the R&D of battery management systems.

Hong Leong Financial Group Bhd disposed of 50 million Eti Tech shares on the open market during the period under review. It had emerged as a substantial shareholder in late January with a 9.51% stake as part of a debt settlement scheme.

A growing number of OPEC officials are making cautiously hopeful comments on the demand outlook. This week, Saudi oil minister Ali al-Naimi said demand was growing, while a Gulf OPEC delegate said it would rise more strongly in the second half of 2015.